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    "id": "employment.termination.tax_free_threshold",
    "name": "Termination payments: tax-free threshold",
    "category": "employment",
    "jurisdiction": "GB",
    "unit": "GBP",
    "value_type": "money",
    "currency": "GBP",
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      "source_url": "https://www.legislation.gov.uk/ukpga/2003/1/section/403/data.xml",
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        "counts as employment income of the employee or former employee for the relevant tax year if and to the extent that it exceeds the £30,000 threshold"
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          "content_hash": "sha256:8dbc27214d1e0352b3829f786d7d31b7688f8e48f71ab763d894662e2efe1f66",
          "date": "2018-04-06"
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      },
      "expires": null
    },
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      {
        "value": "£30,000.00",
        "value_minor": 3000000,
        "effective_from": "2003-04-06",
        "effective_to": null,
        "announcement_date": null,
        "enacted_date": null,
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            "citation": "Income Tax (Earnings and Pensions) Act 2003, c. 1 s. 403(1) (\"The amount of a payment or benefit to which this Chapter applies counts as employment income of the employee or former employee for the relevant tax year if and to the extent that it exceeds the £30,000 threshold\")",
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          {
            "role": "guidance",
            "citation": "https://www.gov.uk/api/content/redundancy-your-rights/tax (\"Statutory redundancy pay under £30,000 is not taxable\")",
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    "derivation": null,
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    "definitions": [
      {
        "from": null,
        "to": null,
        "text": "The threshold below which a termination payment within Chapter 3 of Part 6 of ITEPA 2003 is not employment income: the excess over this amount is taxable (s.403(1)), and s.404 reduces the threshold by earlier payments in respect of the same employment.",
        "instrument": "Income Tax (Earnings and Pensions) Act 2003 s.403(1)"
      }
    ],
    "applicability": {
      "basis": "event_date",
      "note": "Applied to the aggregate of payments and benefits in respect of the same employment, across tax years (s.403(3)-(4), s.404).",
      "article": "Income Tax (Earnings and Pensions) Act 2003 ss.403-404"
    },
    "scope_note": "Unchanged since the Act's enactment; the 2017 amendment resolved here changed a word of s.403(1) (post-employment notice pay is excluded by s.402B), not the sum. GOV.UK states the threshold in the redundancy context, which is the sentence registered.",
    "notes": "The touching note — \"Word in s. 403(1) substituted (with effect in accordance with s. 5(10) of the amending Act) by Finance (No. 2) Act 2017\" — carries no date; F(No.2)A 2017 s5(10) states the tax year 2018-19, recorded in the block as `resolved`. The locator phrase is read from s.403(1) because \"the £30,000 threshold\" recurs in (4) and (5). effective_from is ITEPA's own original text: the £30,000 has stood in s.403(1) since enactment, and that 2018 note substituted the word \"section\" — the probe reports it as touching other words, not the value. The date is the RestrictStartDate legislation.gov.uk gives ITEPA's unamended original text, read on the archived s.234 P1group (RestrictStartDate=\"2003-04-06\"); ITEPA's own commencement provision, s.723, is not archived.",
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